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Dec 10, 2012
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. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is needed. christine the guard says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america pause economy growing again. >> there is still the degree of uncertainty. investors, entrepreneurs households, are not making decisions because they do not know what tomorrow will be. >> but washington's top republican leader, house speaker john boehner, complains there has been no progress in avoiding even immediate crisis. >> when it comes to the fiscal cliff disrupting our economy and threaten jobs, the white house has wasted another week. >> democrats s
. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is...
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Dec 10, 2012
12/12
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KRON
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to the fiscal cliff that is threatening the economy and the jobs the white house wasted another week. >> reporter: democrats show no signs of backing off from sporting the president on raising the income tax on the rich. >> there has to be two sides to the bargain but we are not going to go back to 2011, put revenues and cuts on the table. >> reporter: but despite the impasse in washington, he sees signs the economy is improving. for the fiscal cliff she represent as balanced solution. spending cuts and a increase in taxes. kron 4 news. >>> we have clear skies out there across the bay area on this sunday evening after a spectacular weekend. it was cool on saturday. it was foggy but today just an "a" plus day. sunshine. temperatures in the 60s and 70s. and even right now, san jose and san francisco in the upper 50s. antioch mid-50s. cooler for union city, 49 degrees. tonight clear skies every place but there could be a few patches of dense fog at the ground and to the north bay valleys. best chance is closer to sun rise. we could have limited visibility. rest of the day, lots of sunsh
to the fiscal cliff that is threatening the economy and the jobs the white house wasted another week. >> reporter: democrats show no signs of backing off from sporting the president on raising the income tax on the rich. >> there has to be two sides to the bargain but we are not going to go back to 2011, put revenues and cuts on the table. >> reporter: but despite the impasse in washington, he sees signs the economy is improving. for the fiscal cliff she represent as balanced...
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Dec 12, 2012
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the fiscal cliff come early to the workers of michigan.
the fiscal cliff come early to the workers of michigan.
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Dec 10, 2012
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we are good at this, but the fiscal cliff conversation coming up in june and a year from now if we do extend, we will be having this conversation all over again. when does it get done? >> i'm not talking about kicking the can as it relates to spending, but i am with taxes. they are different and it does relate to the fact we have a tax code so bloated, so distorted, so complex it produces inconsistent revenue stream. 18.5% of gdp is what it produces on average. it remains relatively constant regardless of your topper to 70% by three decades ago or 35% as it is now. what we want and what we need is a tax code with a study, stable stream of somewhere in that neighborhood. something stable and consistent. tracy: before let you go, senator, are we going over the cliff? >> it is too early to tell, can't make that prediction. i've learned not to make such predictions in this town, it only gets you in trouble. tracy: only 21 days, it can't be too early. thank you for taking the time with us. >> thank you. tracy: early? i don't know. a lot more to come including the future tax reform. we actu
we are good at this, but the fiscal cliff conversation coming up in june and a year from now if we do extend, we will be having this conversation all over again. when does it get done? >> i'm not talking about kicking the can as it relates to spending, but i am with taxes. they are different and it does relate to the fact we have a tax code so bloated, so distorted, so complex it produces inconsistent revenue stream. 18.5% of gdp is what it produces on average. it remains relatively...
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Dec 11, 2012
12/12
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we'll take a short break and the latest developments on the fiscal cliff coming after this break and how is corporate america bracing for the cliff? one of the most powerful women in business is here. dupont's ceo ellen coleman joins me. stay with us. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> welcome back. not a bad day on wall street. investors encouraged by all the fiscal cliff talk they had. highlights of the day. >> hi, maria. it was a little bit gloomy and a little bit surreal here in washington. let me bring you the gloomy part as comments from republican and democratic leaders seemed to indicate that we're maybe nowheresville in terms of negotiations on a fiscal cliff deal. take a l
we'll take a short break and the latest developments on the fiscal cliff coming after this break and how is corporate america bracing for the cliff? one of the most powerful women in business is here. dupont's ceo ellen coleman joins me. stay with us. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current...
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Dec 12, 2012
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we're fact-checking the fiscal cliff coming up. >>> plus, george takei gained fame on "star trek." now he's using his celebrity to call attention to marriage equality. he joins me later this hour. >>> we're just learning about the gun used in that deadly mall shooting yesterday outside of portland, oregon. high caliber semiautomatic rifle. another shooting and still, no discussion about gun control. when is the right time? the president of the brady campaign joins me next. ♪ [ male announcer ] a european-inspired suspension, but it's not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. i just finished a bowl of your new light chicken pot pie soup a
we're fact-checking the fiscal cliff coming up. >>> plus, george takei gained fame on "star trek." now he's using his celebrity to call attention to marriage equality. he joins me later this hour. >>> we're just learning about the gun used in that deadly mall shooting yesterday outside of portland, oregon. high caliber semiautomatic rifle. another shooting and still, no discussion about gun control. when is the right time? the president of the brady campaign joins me...
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Dec 13, 2012
12/12
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our next guest is warning that there's a fiscal cliff come, but it's not the one everybody is counting down into the new year. >> yeah. republican congressman paul brown of georgia is warning the country is heading toward a total economic collapse if we don't stop the runaway spending, and he feels that should be the focus in the current debate, not tax hikes which we've talked about on this program, as a matter of fact. congressman brown joins us now to make his case. total economic collapse. how much time do you give us here, congressman? >> i'll stay here as long as you want to talk. buy me supper if we stay longer than that. >> i mean, how long before you feel the kind of spending that we've been on for the last, you know, number of years, causes this total economic collapse that you're forecasting? >> well, bill, the country is broke already, and as soon as we cannot sell our government securities anymore, it's going to come. that's going to come sooner or later. barack obama's put us on a path that's going to make that happen sooner, but both parties are guilty of spending money
our next guest is warning that there's a fiscal cliff come, but it's not the one everybody is counting down into the new year. >> yeah. republican congressman paul brown of georgia is warning the country is heading toward a total economic collapse if we don't stop the runaway spending, and he feels that should be the focus in the current debate, not tax hikes which we've talked about on this program, as a matter of fact. congressman brown joins us now to make his case. total economic...
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Dec 6, 2012
12/12
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WUSA
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i'll be back with more coming up in a few minutes. >>> the fiscal cliff doesn't drop off for almost three weeks but this morning federal agencies have new marching orders from the white house. >> they do. they've been told to prepare for more than $100 billion in spending cuts. susan mcginnis reports there are few signs ever progress to fix this fiscal cliff so far. >> reporter: social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end ever the year as part of the fiscal cliff. >> we don't want to see our public hurt in any way. >> reporter: just down the road in washington, d.c., the standoff continues. house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: wh
i'll be back with more coming up in a few minutes. >>> the fiscal cliff doesn't drop off for almost three weeks but this morning federal agencies have new marching orders from the white house. >> they do. they've been told to prepare for more than $100 billion in spending cuts. susan mcginnis reports there are few signs ever progress to fix this fiscal cliff so far. >> reporter: social security workers marched outside their office in baltimore wednesday. they're protesting...
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Dec 10, 2012
12/12
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. >>> we have more on the fiscal cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another week for potential compromise. we don't know what prompted this meeting. for a first time in a while the two sides are agreeing on something even if it's the wording of their statement an keeping fight lipped. >> thank you. in today's meetings, is it a sign we're close to a fiscal cliff deal. i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and
. >>> we have more on the fiscal cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another...
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Dec 11, 2012
12/12
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FBC
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we're looking toward the fiscal cliff, possibly ben bernanke comes out and says more. it seems everyday we don't have a fiscal cliff deal we actually go higher in the stock market. i think we would go lower heading toward the deadline. the market looks strong, apple looks strong. $50 billion in revenue possible. we do look strong. coleman offers 1700 level. lot of activity in december. and they're expecting a huge move in the next week and a half. liz: no real fear in the market, so pretty significant blows around 15. bond yields are not doing anything exciting. do you look at that and say i am in? or do you say the fear trade is over? >> always at the volatility index and that is one of the gauges a look at it daily basis. basically levels of the s&p 500 futures the highest since obama was elected presidency. we sold awfully hard, we got back and possibly took some stocks off. we're reversing a little bit from the upside, selling off a little bit. the fiscal cliff are the two words that will be mentioned the most. we have costco earnings tomorrow, we'll keep an eye on
we're looking toward the fiscal cliff, possibly ben bernanke comes out and says more. it seems everyday we don't have a fiscal cliff deal we actually go higher in the stock market. i think we would go lower heading toward the deadline. the market looks strong, apple looks strong. $50 billion in revenue possible. we do look strong. coleman offers 1700 level. lot of activity in december. and they're expecting a huge move in the next week and a half. liz: no real fear in the market, so pretty...
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Dec 11, 2012
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coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains
coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some...
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Dec 10, 2012
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as soon as we get passed the fiscal cliff, president obama will have to meet again with boehner to discuss the debt ceiling. >>> steven baldwin was arrested and when he was released he wanted to come on this show and explain himself. that's next. reas are reporting reas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> stephen baldwin was arrested in new york this weekend, and it's
as soon as we get passed the fiscal cliff, president obama will have to meet again with boehner to discuss the debt ceiling. >>> steven baldwin was arrested and when he was released he wanted to come on this show and explain himself. that's next. reas are reporting reas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our...
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Dec 10, 2012
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CNN
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as soon as we get passed the fiscal cliff, president obama will have to meet again with boehner to discuss the debt ceiling. >> thank you, ana, thank you, lz. >>> steven baldwin was arrested and when he was released he wanted to come on this show and explain himself. that's next. >>> stephen baldwin was arrested this week in new york. the district attorney says he owes more than $350,000 for not paying his state taxes for three years. he pleaded not guilty. baldwin said he paid $100,000 already to new york state. earlier he told me he knew all this was coming. >> i've been in a conversation about this very thing for several months now. and, again, i'm not trying to be funny when i say this. i'm grateful these guys are giving me a chance to work it out. it's a tough situation because it wasn't me specifically, as you know, don, you have people do your taxes for you, et cetera, et cetera. it wasn't handled appropriately. i am ultimately responsible but i am in a conversation and we are communicating with them and what i'm told is that we're going to be able to work it out. i'm hoping that's
as soon as we get passed the fiscal cliff, president obama will have to meet again with boehner to discuss the debt ceiling. >> thank you, ana, thank you, lz. >>> steven baldwin was arrested and when he was released he wanted to come on this show and explain himself. that's next. >>> stephen baldwin was arrested this week in new york. the district attorney says he owes more than $350,000 for not paying his state taxes for three years. he pleaded not guilty. baldwin said...
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what will it take for democrats and republicans to come together before the fiscal cliff? ahead we'll did us does the possibilities. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars together for your future. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, an
what will it take for democrats and republicans to come together before the fiscal cliff? ahead we'll did us does the possibilities. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a...
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Dec 10, 2012
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. >>> the effort to avoid the fiscal cliff comes down to two men, president obama and house speaker john boehner held a face to face meeting at the white house and more meetings are expected. the main sticking points remain, raising taxes and cuts to the entitlement programs. republicans are signaling a willingness to raise rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. >>> house republicans still oppose raising taxes under the top 2 person under many circumstances and democrats are skeptical about rushing through entitlement reform. they agreed not to discuss their talks but say the lines of communication remain open. >>> it's 5:20. it wasn't a pretty win but it was a win. kaepernick rebounding. >>> and call it one one of the worst free throws ever. >>> and what's cool about your school, you can nominate your school on our web site, and we may feature your school on our web site. come back, check it out. i wouldn't change. [ female announcer ] this test paper w
. >>> the effort to avoid the fiscal cliff comes down to two men, president obama and house speaker john boehner held a face to face meeting at the white house and more meetings are expected. the main sticking points remain, raising taxes and cuts to the entitlement programs. republicans are signaling a willingness to raise rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue...
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Dec 13, 2012
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falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members n to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made, perhaps by white house to take us off this fiscal cliff. i think this is irresponsible to do it we're ready to work out a reasonable sound solution but i do not see that coming from the other side right now. tracy: is it because there is so much going on behind scenes. they think there is a lot of secret wheeling and dealing with john boehner and the president do you agree? >> i do not, i think he -- they have been sporadic talks, i know speaker boehner has been frustrated with how slow the responses have been. again, you know, not just tax rates it is authentic spending cuts, if we don't find a way to face
falls off the fiscal cliff, speaker john bain ser slamming the brakes on any hopes a deal is coming soon, making it clear both sides have differences. second in command, eric cantor warning members n to make any plan for holidays, and kevin brady of texas, vice chairman of joint economic committee, thank you, are we still that far apart? >> you know we are. i started optimistic to get this done before the holidays, but, i don't feel that way, it seems to me the decision has been made,...
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Dec 5, 2012
12/12
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as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. that tends to be money that comes from higher income folks. as you think about the political process trying to structure when a package with a revenue goal and a distribution goal, my prediction is you will see at least some of those increases occur. i personally would be surprised if the dividend rate went back up to ordinary rates. the senate would allow it to stay at the capital gains rate, and go it to 15% to 20%. the president initially proposed cutting dividends they the same as capital gains. -- proposed letting dividends stay the same as capital gains. my guess would be that that is where we end up. >> what would you say is best? should the d
as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. that tends to be money that comes from higher...
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Dec 10, 2012
12/12
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MSNBC
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could a secret meeting seal the deal when it comes to the fiscal cliff? well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on
could a secret meeting seal the deal when it comes to the fiscal cliff? well, president obama and speaker boehner met one on one at the white house last night. it was the first time in almost a month. neither side is talking about what happened. but today president obama continues his public campaign to pressure republicans to give on
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Dec 8, 2012
12/12
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but you can see the pieces coming together on the fiscal cliff some increase in marginal tax rates coupled with some kind of cutting back on tax expenditures. the real concern is shifting or will shift from the fiscal cliff to the debt limit. it's not clear that the republicans will agree to including a debt limit increase in that kind of package and if they don't, we may get past december 31st only to find ourselves with a big problem in february or march. >> the obama administration has been clear they will not sign anything. even to get past december 31st. so do you think they can hold firm on that if republicans offer them a package that doesn't include the debt ceiling? >> this is where i think the tension is now arising, which is even if you have some agreement over the tax rates which will jam the republicans a bit, can you jam them on the debt limit also, the concern will be an administration overstepping or overream reaching and trying to jam in the kinds being discussed now. i'm all in favor of getting rid of the debt limit. it makes no sense from a technical perspective. but it'
but you can see the pieces coming together on the fiscal cliff some increase in marginal tax rates coupled with some kind of cutting back on tax expenditures. the real concern is shifting or will shift from the fiscal cliff to the debt limit. it's not clear that the republicans will agree to including a debt limit increase in that kind of package and if they don't, we may get past december 31st only to find ourselves with a big problem in february or march. >> the obama administration has...
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. >> coming up on "the willis report", obama and the house republicans not letting on their fiscal cliff stands. the fiscal cliff symbolizes time over tragedy. it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? we have the best of the best on "the willis report" coming up next can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is is trick to t my spot? [ male announcer break from the holiday stress. save on ground shipping at fedex office. heartburn symptoms causedelieve by acid reflux disease.y stress. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach condions may still exist. talk to your doctor about nexium. i have obligations. cute obligations, but obligatio.ming. i need to rethink th core of my portfolio. what i really need is sleep. introducing the ishares core, bu
. >> coming up on "the willis report", obama and the house republicans not letting on their fiscal cliff stands. the fiscal cliff symbolizes time over tragedy. it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? we have the best of the best on "the willis report" coming up next can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is...
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Dec 8, 2012
12/12
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CSPAN
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when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. 8 days ago, secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts and an infinite increase in the death lemmas like forever. four days ago we offered a serious proposal. since then, there has been no counteroffer from the white house. instead, reports indicate the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president thought the tax rate hikes he wanted, we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem, not a revenue problem. the president does not agree with our proposal. i believe he has an obligation to families and small businesses to offer a plan of his own, and plan that can pass both chambers of the congress. we are r
when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. 8 days ago, secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts and an infinite increase in the death lemmas like forever. four days ago we offered a serious proposal. since then, there has been no counteroffer from the white house. instead, reports indicate the...
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Dec 13, 2012
12/12
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. >> i am not concerned about the fiscal cliff. >> how come? >> because right now i'm concerned about getting the right gift for my mom? >> i still have people and friends, very close friends, out of work, underemployed, so, i, yeah, of course i'm concerned about it, yeah. >> do you know what the fiscal cliff is, ashley? >> i do, but i don't know enough about it tos be concerned or have an opinion on it so i'd rather just worry about my christmas gifts. >> all right, she gave me an honest answer. bull regardless of knowledge, people are increasing their spending, everyone from piper afterree to the consumer federation said people are spending more this holiday and we are hearing from shoppers here that cliff or no cliff, they are most all telling me they think the economy is, quote, getting a little better. what are they buying? after buying electronics on black friday, shoppers are moving onto basics, like children's apparent and videogames. back in the fall, 38% of those parents said they delayed some back to school purr chases to the holiday
. >> i am not concerned about the fiscal cliff. >> how come? >> because right now i'm concerned about getting the right gift for my mom? >> i still have people and friends, very close friends, out of work, underemployed, so, i, yeah, of course i'm concerned about it, yeah. >> do you know what the fiscal cliff is, ashley? >> i do, but i don't know enough about it tos be concerned or have an opinion on it so i'd rather just worry about my christmas gifts....
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Dec 10, 2012
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just a few more days till the fiscal cliffness. coming up next, chris jansing. bye-bye. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and
just a few more days till the fiscal cliffness. coming up next, chris jansing. bye-bye. [ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not...
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Dec 12, 2012
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we need to not go over the fiscal cliff. we need to come to an agreement. and the president, i think, is working hard to get there. and very frankly, i think john boehner wants to get there. the issue is whether john boehner will have the support of a majority of his party, when and if, he gets there with the president. he had an agreement with the president over a year ago. that agreement fell apart, frankly, because he could not get the support of his own party. but it's necessary for us to come to a place where we will be able to adopt a fiscally sustainable, credible path for this country. that will give great confidence to the american people and will be, in my opinion, the single largest stimulus package that we could pass for the economy. >> congressman, let's talk a little bit about john boehner, because the deal he could have gotten last year was for republicans, at least, better. do you sense he could hold together his caucus? we are not getting a lot of readouts in terms of substance, but it sounds, quote, tense up there. >> as you pointed out, t
we need to not go over the fiscal cliff. we need to come to an agreement. and the president, i think, is working hard to get there. and very frankly, i think john boehner wants to get there. the issue is whether john boehner will have the support of a majority of his party, when and if, he gets there with the president. he had an agreement with the president over a year ago. that agreement fell apart, frankly, because he could not get the support of his own party. but it's necessary for us to...
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. >> coming up on "the willis report", obama ad the house republicans not letting on their fiscal cliff stands. the fiscal cliff symbolizes time over tragedy. it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? christmas wish list? have before copd... i tk my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fishn! symbicorts for copd including chronic bnchitis and emphysema. it should not be taken more an twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or hi blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting
. >> coming up on "the willis report", obama ad the house republicans not letting on their fiscal cliff stands. the fiscal cliff symbolizes time over tragedy. it will soon be a loss for many new york city commuters. but the tablet top your christmas wish list? christmas wish list? have before copd... i tk my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor...
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Dec 13, 2012
12/12
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FBC
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the president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. >> taxes are going to go up one way or the other, the key is to make taxes go up and high-end individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. lou: obamacare, guarantees taxes are going up. 5 new obam obamacare-based taxeo kick in next year. a 3.8% surtax on unearned income, and call chains and dividend 18.8%, and a new tax on hospital care, and medical device manufacturersing' taxed 2.3% of the price of their products. americans get a tax deduction if their medical expenses exceed 7.5% of their total income that number rising to 10% for everyone under the age of 65. and government, for first time ever sending a limit on tax free flexible spending accounts, joint committee tax, estimates those 5 new provisions amount to $2 60 billion tax hike over next 7 years, president obama, avoid anything real negotiating on fiscal cliff issue, president doubles the amount of tax hikes he campaigned on w
the president in his own words confirming that tax hike, coming irrespective of the fiscal cliff outcome. >> taxes are going to go up one way or the other, the key is to make taxes go up and high-end individuals, i am confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. lou: obamacare, guarantees taxes are going up. 5 new obam obamacare-based taxeo kick in next year. a 3.8% surtax on unearned income, and call chains...
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Dec 11, 2012
12/12
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coming up on closing bell, stocks rallying about a fiscal cliff deal. we'll be speaking to some of the key players in washington. congressman chris van hollen and javier becerra. orrin hatch will tell us what it will take to reach a compromise. alan greenspan explains why a fiscal clif-related recession would be a small price to pay for much needed fiscal policy reform. all that and more. what's been happening on wall street today as we get to a final hour of trading at the top of the house on closing bell. maria in washington, i'm in new york. we'll see you then. >> we will indeed. sounds like an exciting show. thanks, bill. >> mandy, have to break in here, some breaking news on fiscal cliff. heard what bill said. some headlines out of harry reid which may not be good news for the market. harry reid saying the democratic party will not put an offer of spending cuts on the table for the gop. reid also adding he does not think we will have a deal on the fiscal cliff before at least christmas if not longer. so think about that. harry reid saying no, no, n
coming up on closing bell, stocks rallying about a fiscal cliff deal. we'll be speaking to some of the key players in washington. congressman chris van hollen and javier becerra. orrin hatch will tell us what it will take to reach a compromise. alan greenspan explains why a fiscal clif-related recession would be a small price to pay for much needed fiscal policy reform. all that and more. what's been happening on wall street today as we get to a final hour of trading at the top of the house on...
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Dec 12, 2012
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and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader? congressman tim gives us the scoop next. we'll be back. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cas
and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the houshave the file behind him in the deal making progress? are some lawmakers breaking away from theeader? congressman tim gives us the scoop next. we'll be back. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an...
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Dec 9, 2012
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the fiscal cliff, dealing with that, it's only the beginning. >> if you're sitting at home, whether you're in the middle class, upper class or searching for a job and slipping into lower class, why should you care about this and what can you do to affect change if washington so there's let political theater and more action? >> that's a major concern for members of congress. we're talking about the debt and deficit but the focus turned away from jobs. that's why i think the deal that is struck may not be if -- the cuts may not be effective immediately. maybe takes rates take a year to kick in because the economy is fragile. people who are out of a job don't want the economy to tank further. they want a job in 2013. congress has to be very careful to get a deal that actually doesn't put us back into recession. as you know, there's not a lot of confidence in congress so there's fear congress will mess it up. >> that's been the situation for a long time. people want to unfasten their seat belts on this. we'll keep a close eye on it. we appreciate you joining in. >> thank you. >> from down here
the fiscal cliff, dealing with that, it's only the beginning. >> if you're sitting at home, whether you're in the middle class, upper class or searching for a job and slipping into lower class, why should you care about this and what can you do to affect change if washington so there's let political theater and more action? >> that's a major concern for members of congress. we're talking about the debt and deficit but the focus turned away from jobs. that's why i think the deal that...
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Dec 7, 2012
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hopefully that momentum will continue not just on the fiscal cliff in the coming weeks but issues like the start-up act 2.0 in the coming months. >> gentlemen, look good. steve and scott, come back and let us know how it went in cowboy stadium. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers like you be next? >>> and from 50 stradz of grshaf gray to 5,000 shades of green. employees at random house getting a big stocking stuffer this season. we'll explain. ears, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> stock of the day and certainly the stock of the week has been apple. its worst week in two years, down now $15 a share today at $531.64. about $50 billion in market value sliced off of apple this week alone. >>> time for the power rundown. with
hopefully that momentum will continue not just on the fiscal cliff in the coming weeks but issues like the start-up act 2.0 in the coming months. >> gentlemen, look good. steve and scott, come back and let us know how it went in cowboy stadium. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers like you be next? >>> and from 50 stradz of grshaf gray to 5,000 shades of green. employees at random house...
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Dec 11, 2012
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and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the house have the file behind him in the deal making progress? are some lawmakers breaking away from the leader? congressman tim gives us the scoop next. we'll be back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. tracy: does speaker boehner have more than a fiscal cliff to worry about? up next, will the top republican in the house stay that way in 2013? tracy: speaker boehner 1 not the only one facing the challenge of keeping the u.s. from falling off the cliff, but he's keeping the top post in the new year, and finding that could be a challenge. will the house see a shakeup in 2013? let's ask the republican congressman of kansas accusing speaker boehner of punishing fellow conservative members in the house. sir, talk abou
and the obama fiscal cliff plan. hint hint, neither are successful. now, does the speaker of the house have the file behind him in the deal making progress? are some lawmakers breaking away from the leader? congressman tim gives us the scoop next. we'll be back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for...
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Dec 12, 2012
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coming up, more fiscal cliff talks between the two most powerful men in washington right now. >>> plus, he was supposed to be parking an nfl star's car, but he made a bit of a detour. this is like ferris buehler's day off. amazing story. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. oral-b power brushes. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. i just finished a bowl of your new light chicken t pie soup and it's so rich and creamy... is it re
coming up, more fiscal cliff talks between the two most powerful men in washington right now. >>> plus, he was supposed to be parking an nfl star's car, but he made a bit of a detour. this is like ferris buehler's day off. amazing story. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush...
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Dec 7, 2012
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WBAL
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between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >> scattered showers today. >> more and more motorists >> more and more motorists getting out on the area roads ♪ oh, what fun it is to ride... ♪ get in the holiday spirit with dunkin's peppermint mocha, new white chocolate, or gingerbread flavors today. america runs on dunkin'. >> we take a look outside. clatter skies. 42 degrees downtown. chillier when you get away from the airport. we have some rain fall approaching from the west. i have circled the city. shower activity is moving i
between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the...
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. >>> we're going to be talking a lot more about the fiscal cliff in the coming hour. three cnn i-reporters are going to be joining me to talk about their real concerns about this and we got some answers from our business expert from questions that were sent by you that you tweeted to us. that's going to be coming up in about 15 minutes. >>> bail was set for dallas cowboys josh brent, he's been charged with intoxication manslaughter for a crash on saturday that killed his teammate. police say brent was pulling jerry brown out of the car when they arrived. dallas coach jason garrett talked about his players just a few minutes ago. >> obviously this is a very difficult situation, a tragedy occurred to our football team. in the last couple of days. and we lost jerry brown, practiced roster player for us who we picked up earlier in the year. and it's been really emotion for everybody and as the head coach of the team, i have to talk to the team and i have to inform them what happened, give them the news and then try to offer some perspective. you know, i talked a lot got t
. >>> we're going to be talking a lot more about the fiscal cliff in the coming hour. three cnn i-reporters are going to be joining me to talk about their real concerns about this and we got some answers from our business expert from questions that were sent by you that you tweeted to us. that's going to be coming up in about 15 minutes. >>> bail was set for dallas cowboys josh brent, he's been charged with intoxication manslaughter for a crash on saturday that killed his...
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Dec 8, 2012
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cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what
cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put...
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Dec 13, 2012
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i'm be watching for developments in the so-called fiscal cliff. this is a known even about fear of the cliff has caused many investors to pull out, creating a real buying opportunity. finally, i'll be watching for the felt, they've been artificially keeping treasuries and mortgage-backed bonds down. i'll be watching for fund followups into different areas. >> all right, thank you so much. chris, you're up. break it down for us. >> i'll be watching the bank of japan overnight. they are set to be releasing their fourth quarter survey. we are expecting business conditions to show continued detear owe ration. i'm going to be looking at cpi and pmi readings out of the euro zone. roughly in line with previous readings. going to be very findful of potential upside surprising there. going to be looking at technical levels with dollar yen trading just below those 2012 highs around 84.20 and looking at a potential inverted head and shoulders. >> all right, good stuff. right on top. jeremy, you are up. last but not least. tell me what you're watching tomorro
i'm be watching for developments in the so-called fiscal cliff. this is a known even about fear of the cliff has caused many investors to pull out, creating a real buying opportunity. finally, i'll be watching for the felt, they've been artificially keeping treasuries and mortgage-backed bonds down. i'll be watching for fund followups into different areas. >> all right, thank you so much. chris, you're up. break it down for us. >> i'll be watching the bank of japan overnight. they...
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he says it will bring you profits beyond the fiscal cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a bit. the u.s. economy added 146,000 jobs in november as the unemployment rate dropped to four year low of 7.7%. today's report may not be as strong as it seemed, reporting employers added 49,000 fewer jobs in september and october than initially estimated. a preliminary reading showing consumer confidence plunging to its lowest level in four months. early december americans prepare for a potentially higher taxes at the beginning of next year. the index dropping 74.5 this month, far below november's reading of 82.7 and economists forecasts of 82.4. >> in the pits of the cme, michael tells u
he says it will bring you profits beyond the fiscal cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a...
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Dec 10, 2012
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again. >>> they are asking auto workers to avoid the fiscal cliff. the president will chair, after rallying for his support plan. they are raising taxes to help reduce the federal deficit. president barack obama met privately with house speaker john boehner over the weekend. it was the first meeting on the fiscal cliff crisis and the new point of views some are now expenses. runders -- renters may be dealt with by san francisco landlords. they would have to find out if it is option until. if passed it will move tonight full board.$♪. >> legislative leaders are holding a vigil to protect funding for a job center in west oakland. they say jobs and unemployment is key to is keeping few vince town because of an opposition to put up and they are expected to track that is -- thousands of dollars. >>> they could decide to cut the amount of medical marijuana a patient can have. supervisors will consider a proposal to scrap guidelines to allow medical marijuana to have more than 30 plants. the new proposal will allow to the state limit of 6 mature plant and
again. >>> they are asking auto workers to avoid the fiscal cliff. the president will chair, after rallying for his support plan. they are raising taxes to help reduce the federal deficit. president barack obama met privately with house speaker john boehner over the weekend. it was the first meeting on the fiscal cliff crisis and the new point of views some are now expenses. runders -- renters may be dealt with by san francisco landlords. they would have to find out if it is option...
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this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithne
this all comes as we get word that the fiscal cliff talks will boil down to what happens between two people and only two people. president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the...